The Insurance Needs of Radon Inspectors Cutting through the Red Tape Presenters: Lori Waters Environmental Insurance Producer American Risk Management Resources Network, LLC waters@armr.net Brandy Brown, CIC, CISR Small Business Agent Watson Insurance bbrown@watsoninsurance.com The 2017 International Radon Symposium™
Why care about insurance? The 2017 International Radon Symposium™
Why Insurance Is Important Protects your business Takes care of your employees Encourages safe business practices The 2017 International Radon Symposium™
Types of Business Insurance Liability Coverages Workplace Injury Coverage Auto Coverage Commercial General Liability (CGL) Excess/Umbrella Liability Professional Liability (aka Errors & Omissions Liability) Contractor’s Pollution Liability (CPL) Commercial Auto Liability Workers Compensation & Employers Liability Specialty Coverages Property Coverages Employment Practices Liability Cyber Liability Crime Coverage Commercial Property Insurance Bailee’s Customer coverage Inland Marine/ Equipment Floater The 2017 International Radon Symposium™
Specialty Coverage Employment Practices Liability (EPLI) Commercial Crime coverage Cyber Liability The 2017 International Radon Symposium™
Your Insurance: What to Watch For Not all liability insurance policies are the same! Three (3) big things to look for on your liability coverage policies: Designated operations? Is there a pollution exclusion on the Professional Liability coverage? How does the Nuclear exclusion reads and/or what coverage is available for radioactive material? The 2017 International Radon Symposium™
Designated Operations Does your policy provide coverage for all services your provide? The 2017 International Radon Symposium™
Pollution Exclusions and Professional Liability Coverage Is there a pollution exclusion on your Professional Liability coverage? The 2017 International Radon Symposium™
Nuclear Exclusion & Radioactive Material How does the Nuclear Exclusion on your policy read? How does your policy handle radioactive material? The 2017 International Radon Symposium™
Why ARMR The 2017 International Radon Symposium™ We expose insurance policy coverage gaps created by complex pollution exclusions contained in all general liability and property insurance policies sold today. We invented the 1st Contractor’s Environmental Liability (aka CPL) policy in 1986. We are on the only environmental brokerage to work on $1.2 billion dollars of litigated environmental claims. The 2017 International Radon Symposium™
Why Watson Family business for 3 generations Licensed to do business in 42 states Full service agency with access to over 30 markets Can tailor an insurance program to fit the needs and expectations of the insured The 2017 International Radon Symposium™
Thank You! The 2017 International Radon Symposium™ Presenters: Lori Waters Environmental Insurance Producer American Risk Management Resources Network, LLC waters@armr.net Brandy Brown, CIC, CISR Small Business Agent Watson Insurance bbrown@watsoninsurance.com The 2017 International Radon Symposium™